SBM Offshore announces it has received a letter from BP Exploration Operating Company Ltd confirming full project sanction for the supply of an internal turret mooring system for the Quad 204 FPSO project. The contract consists of engineering, procurement and construction of an internal turret moori
Seanergy Maritime Holdings Corp. announced today that the Company has entered into a new time charter agreement forone of its Supramax vessels. The M/V Davakis G., a 54,051 Supramax dry bulk carrier built in 2008, has entered into a time charter agreement for a period of about twelve to about eighte
SMOE, a wholly-owned subsidiary of Sembcorp Marine has secured a contract close to S$600 million from PTTEP International Limited (PTTEPI), Yangon Branch, for engineering, procurement, construction, transportation, installation, offshore hook-up and commissioning, inclusive of novated equipment, of
Scorpio Tankers Inc. announced today that it has amended its 2010 Credit Facility converting it to a reducing revolving credit facility from a term loan and that it has agreed to time charter-in two vessels. The Company executed an amendment to its 2010 Credit Facility with Nordea Bank Finland plc,
Ezra Holdings Limited a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, continues to boost its orderbook of subsea contracts with three Letters of Awards / Letters of Intent (LOAs) with an aggregate value of approximately US$85 million be
Ezra Holdings Limited (“Ezra”, and together with its subsidiaries and associated companies, the “Group”), a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, continues to boost its orderbook of subsea contracts with three Letters of A
In response to unfavourable trading conditions, Hamburg Süd will rationalise its services between North Europe and the Eastern Mediterranean. From the first week of August onwards, the existing two-sling concept is to be reconfigured with the aim to ensure the same comprehensive port coverage while
An agreement has been signed with the Brodosplit shipyard in Split, Croatia, for the construction of a top segment heavy lift vessel. The construction of this new generation vessel confirms Jumbo’s position as market leader in heavy lift shipping. The new vessel will have a length of 152.60m and a b
On July 13, SOCAR President Mr. Rovnag Abdullayev met with Mr. Phil Mulhall, ExxonMobil Regional Manager for Europe and the Caspian Region and Mr. Steven Mann, chief advisor on international issues. Mr. Abdullayev informed the guests on the latest achievements of Azerbaijan in the oil and gas indust
KS Energy Limited announces that one of its drilling related subsidiaries, together with its consortium partner, PT Pertamina Drilling Services Indonesia, has been awarded a contract, by a major oil company operating in Indonesia, to provide development drilling rig services worth approximately USD
The UK’s leadership in the development of wave-generated power continued apace as wave energy developer Aquamarine Power invited Scotland’s First Minister Alex Salmond MSP to unveil the Oyster 800, the company’s next-generation hydro-electric wave energy converter. 800kW device At a ceremony at Burn
AGR Field Operations announced today that it had been awarded an extension worth approximately NOK 60 million by Statoil for Inspection and Certification of non-complex lifting equipment. The services will cover Statoil’s operations on the NCS, from Snøhvit in the North to Sleipner in the South. The
Ross Offshore acquires the two Odfjell Drilling companies Odfjell Well Management AS and Odfjell Well Management Consultants AS. The name of the combined company will be Ross Offshore. OWM has a strong position in all aspects of well management, from concept to close-out. Its subsidiary Odfjell Well
Ross Offshore acquires the two Odfjell Drilling companies Odfjell Well Management AS and Odfjell Well Management Consultants AS. The name of the combined company will be Ross Offshore. OWM has a strong position in all aspects of well management, from concept to close-out. Its subsidiary Odfjell Well
